Phantom Wallet, previously known as a Solana-exclusive wallet, has expanded its support to the Sui network, making it a multichain wallet. This move is significant for the Sui ecosystem as Phantom Wallet is selective about which chains it supports. Sui's value has increased by over 100% in the past month, and it now ranks eighth among blockchain networks in terms of total value locked. The integration of Phantom Wallet with Sui aims to enhance wallet functionality for Sui users and potentially attract new retail participants.
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